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Media Release

Zurich announces new Head of Motor & Marine underwriting

Media Releases | 27 Jun 2019 |


Zurich Australian Insurance Limited (Zurich) has today announced that Matthew O’Sullivan will take on the new role of Head of Motor & Marine, Australia & New Zealand.

Mr O’Sullivan has been Zurich’s Head of Marine, Australia & New Zealand, and Zurich’s Asia Pacific Marine lead since April 2017. He has been Zurich’s acting Head of Motor since April 2019.

Sean Walker, Chief Underwriting Officer, General Insurance, said: “When you have an individual of Matt’s calibre, with his experience and energy, it’s a straightforward decision to bring two complementary business lines together under his leadership.”

“We regard Zurich’s commercial motor insurance proposition as our ‘jewel in the crown’ and we are proud that so many Australian and New Zealand organisations rely on the protection we offer.”

“I look forward to working with Matt to evolve Zurich’s offering and cement our place as one of Australia and New Zealand’s leading commercial motor insurers.”

Zurich has invested heavily in developing a holistic and end-to-end commercial motor proposition, which a range of benefits for brokers and customers including:

  • Z Track - a reporting tool which allows fleet operators to see their claims progress and history and generate benchmarking reports to target areas for risk reduction
  • Priority Repairs Service – a world-class repair solution for customers’ damaged motor vehicles and third party vehicle repairs, with a target average turnaround time of five days
  • All supported by Zurich’s award-winning claims service, market-leading risk engineering team, and technical underwriting excellence

Tim Plant, CEO, General Insurance, said: “Matt’s appointment as Head of Motor & Marine is a fantastic outcome for our customers and brokers who will experience the continuity, consistency and stability that Matt will bring to our marine and motor propositions.”

Commenting on his appointment, Mr O’Sullivan said: “I’m excited and honoured to be taking on responsibility for a team that is really hitting its straps. I believe that Zurich’s commercial motor

underwriting proposition is truly world class and I look forward to working with the team to deliver even greater value to our customers and broker partners.”


An experienced leader in the industry with nearly three decades’ underwriting experience, Mr O’Sullivan joined Zurich in 2014 as Head of Marine, Property & Engineering lines. Prior to joining Zurich he held senior underwriting and account management roles with Aon Benfield and Munich Re. He has an MBA from Macquarie University and a Bachelor of Economics from the University of Sydney.

ENDS

 

Media Enquiries:


Adam Siddique
Head of Public & External Affairs

media@zurich.com.au

Zurich Financial Services Australia is a life insurance, commercial insurance and investments specialist that has been participating in the Australian market since 1920. Since its acquisition of OnePath Life from ANZ in 2019, the company provides life insurance to more than 1.5 million Australian customers under both the Zurich and OnePath Life brands.  Further information about Zurich Financial Services Australia is available at www.zurich.com.au.
 

Zurich Insurance Group (Zurich) is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich is transforming insurance. In addition to providing insurance protection, Zurich is increasingly offering prevention services such as those that promote wellbeing and enhance climate resilience.

Reflecting its purpose to ‘create a brighter future together’, Zurich aspires to be one of the most responsible and impactful businesses in the world. It is targeting net-zero emissions by 2050 and has the highest-possible ESG rating from MSCI. In 2020, Zurich launched the Zurich Forest project to support reforestation and biodiversity restoration in Brazil.

The Group has about 60,000 employees and is headquartered in Zurich, Switzerland. Zurich Insurance Group Ltd (ZURN), is listed on the SIX Swiss Exchange and has a level I American Depositary Receipt (ZURVY) program, which is traded over-the-counter on OTCQX. Further information is available at www.zurich.com.